Healthy, Wealthy, & Wise

Healthy, Wealthy, & Wise

On Japanification

inflation is bad but deflation is terrible

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Richard L. Johnson
Jun 12, 2022
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I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments. - Friedrich August von Hayek

Fears over recession are once again stalking markets, but many people are more worried about a deeper, more structural shift: that the world economy is succumbing to …

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